Solana Founder Cautions Against Rivalry With Ethereum
MakerDAO CEO on Solana Blockchain It all started after Christensen announced plans to re-implement MakerDAO on a new blockchain identified as NewChain. According to the Decentralized Finance (DeFi) giant, this blockchain could be forked from the Solana (SOL) blockchain. In effect, this would mean that MakerDAO will be moving away from the Ethereum-based architecture which it currently utilizes. advertisement Explaining further, the MakerDAO CEO claimed that the Solana codebase is the “most promising” to explore for NewChain due to its technical quality and optimization, resilience of the Solana ecosystem following the “FTX blowup,” and past examples of successful forks of the protocol, like the Pyth Network. In response to this potential development, Yakovenko acknowledged that MakerDAO’s move is impressive, citing that it is a win for open source. At the same time, he warned that it should not be perceived as an endorsement of ...